Retire Rich Invest Rs. 40 a day: Response from readers
Here are some responses:
“I wish I had read this book 20 years ago”
“The book lies on a table beside my bed…and it is exactly there..above my head”
“Subra Sir..read 2 chapters not sure it is written for the common man…people like my parents will not understand it” – a 23 year old MBA (finance).
“Buy it only if you are a beginner…not for the advanced reader” – book review on www.flipkart.com
“After reading your book and meeting you…am at peace with my portfolio..thanks for simplifying it” – a tech person.
“Not only have I read it, have also bought copies for giving to my friends as birthday gifts” – CEO tech company.
Here is a range of emotions that I have selectively reproduced. It actually shows that there is such a huge, huge, huge audience out there that we need books like ‘Retirement 101’, ‘Retirement a little advanced’…’Retirement calculators on a CD’….etc.
Also convinced that we are a ‘listening and doing country’ not so much a ‘reading and doing’ country….not sure how to capture the ‘listeners’ except perhaps through You tube..:)
bharat shah
the folowing is the letter sent to you through email on dt.22-8-10.
dear sir,
let me first point the error in one of tables; on page 222-223 sip caculator , the a/m on maturity for rs. 10000/- p.m. investment seems wrong. kindly check. IT SHOULD BE Rs. 1000.
2. in preparation of tables if figures for 1 to 5 yrs. be given at the start, its usefulness would be increased many folds. OK
3. on page 15 you stated ‘this book is a largely do-it-self kind of book——–‘, then on cover it is stated contrary to that. what is between the lines? FOUND BOTH TYPE OF READERS, SO MYSELF NOT CLEAR 🙂
4. i like the most ‘changing strategies for changing time’. however i am not clear what you suggest
1. optimum return and maximum return
2. irecoverable loss
3. big portions of these assets
4. well reasoned risky assets
5. pure paper assets ( do you mean currency,cash, saving/current account balance or equity share included?)
6. trational strategies as model allocation
7. tactical asset allocation
better you would have given some concrete guidance, as shri a.n.shanbag is giving in his book.
OK
-THE COMMENTS IN BLOCK LETTERS ARE MINE – SUBRA
any way i found your book is good and useful to me.
– Regards ,
bharat Shah
0261 2780329 begin_of_the_skype_highlighting 0261 2780329 end_of_the_skype_highlighting
bharat shah
thank you.
sukumaran
the book is good what I liked is the Investment Philosophy Statement and some of the case studies. Personally I have kept Rs. 40 lakhs in the Senior citizen Yojana – my inlaws and my parents account. Closed my parents PPF account (any way not paying tax)..and shifted all other assets to equity mutual funds Growth option (not sure how the DTC affects it). Read a comment by somebody on flipkart that this book is about mutual funds, term insurance,..and not about ulips. I guess that sums up quite well what an aam aadmi should do – does it not?